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Index Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
S&P 600 - Alternative Carriers (Sub Ind) (CME:SP600-50101010)
Long-Term Downtrend (-90) - SP600-50101010 is in a strong downtrend that is likely to continue. While SP600-50101010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP600-50101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-50101010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP600-50101010
The long-term trend has been DOWN since Apr 1st, 2024 at 62.91
The intermediate-term trend has been DOWN since Mar 4th, 2024 at 70.46
The short-term trend has been DOWN since May 8th, 2024 at 59.40
Smart Scan Analysis for SP600-50101010
Based on our trend formula, SP600-50101010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.31 | 57.57 | 55.97 | 57.23 | +0.95 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.23 | 5562432 | 2024-05-17 16:19:26 |
| 52wk High | 65.46 | 52wk High Date | 2018-10-01 |
| 52wk Low | 42.62 | 52wk Low Date | 2018-02-09 |